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20110701
20110731
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ABC
Jul 30, 2011 6:30pm EDT
political correspondent, jon karl, has been on this story every step of the way. and he leads us off, once again, tonight. jon, good evening to you. >> reporter: good evening, dan. well, the house and the senate have spent the last 24 hours on a series of showboats on bills that don't have a chance of passing. but republican leaders say they're fully engaged with the white house. and have spoken with the president this afternoon to try to find a way to break the impasse. finally, signs of progress. >> i'm confident and optimistic that we're going to get an agreement in the very near future and resolve this crisis. >> despite our differences, we're dealing with reasonable, responsible people, who want this crisis to end as quickly as possible. and i'm confident we will. >> reporter: you wouldn't know it by looking at what congress is actually doing. >> the american people are looking for a real solution. >> reporter: the house spent the day voting down the bill offered by senate democrats, even though the senate hadn't passed it yet. >> there is absolutely no excuse for this reckless, unpat
ABC
Jul 31, 2011 8:00am EDT
to jon carl who first breck this story, the story of a framework last night. jon, dan used the word at the top of the broadcast, the emphasis here is on "fragile." >> that's right. the details are still being worked out. you know how important the details are, and nobody has signed on the dotted line yet. but i am told congressional leaders will brief their membership on the framework of this tentative deal later this morning. >> majority leader. >> late last night, senate majority leader, harry reid called off a vote on the debt ceiling plan, citing progress towards a deal. >> i'm glad to see this move toward cooperation and compromise. i hope it bears fruit. >> reporter: congressional sources tell abc news that two sides have tentatively agreed to a framework that includes a debt ceiling increase of up to $2.4 trillion, enough to last through the presidential election. agreement on more than $1 trillionon ispending cuts in the next ten years and a new special congressional committee to recommend additional deficit reduction of more than a trillion dollars. if congress doesn't act
ABC
Jul 30, 2011 7:00am EDT
. jim sciutto, thank you. let's bring in senior political correspondent jon karl who's been all over this story since the beginning. we've got the boehner and reid plan. neither of these things can pass so what, if anything, is being done to craft some sort of compromise? >> reporter: well, there are, as you heard jim mention quiet negotiations going on between harry reid and mitch mcconnell. mitch mcconnell has been on the phone several times with vice president biden over the last several days trying to find one last-ditch effort to get what everybody knows needs to happen, dada that is something that has bipartisan support. i got to tell you, though, the atmosphere is so poisoned here, the question is once they get that agreement, can they pass it. >> well, let me pick up on it. there's been so much tough talk, even trash talk. i wonder if there is another wiggle room rhetorically for the hard-liners on either side to back down. >> reporter: i think -- maybe not the hard-liners but i think there is wiggle room. if you look at those two bills you have there, there is incredible com
ABC
Jul 17, 2011 8:00am EDT
answers from our two guests today. budget director, jack lew and jon kyl. two people around the negotiating table. in the meantime, also the report about wanting to go back to the grabbed bargain. speaker boehner said he wants to do that. the president said he wants to do that. the question is whether they can get elements on boararto pass such a thing. that, also is something that is being required right now by the ratings agency. moodys. standards & poors. said they must have some credible deficit reduction plan, 4 trillion or so over the next 10 years because of the way they are looking at the u.s. dollar and threatening to downgrade u.s. credit worthiness, and add to the catastrophic woes a default can bring. >> if we do not have a plan by this friday we will not meet the august 2nd deadline. all right. cristiane, a lot of tension there in washington. be sure to join christiane where she sits down with office of management and budget, jacob lew and senate minority whip, jon kyl on "this week." >> now, filling in for ron claiborne once again is abc's andrea canning. >> go
ABC
Jul 5, 2011 7:00am EDT
and jon huntsman met face to face. what did they say? >> it was a nice exchange, a nice greeting. wishing each other luck and being friends. that's the way that all the candidates on the republican side should be. >> reporter: halfway across the country in clear lake, iowa, two other candidates enjoyed the same parade though hardly the same crowds. >> hi there. happy fourth of july. >> reporter: the surging michele bachmann was surrounded by a sparkly throng of supporters and a new campaign bus. the fourth is a glorious day for all americans including candidates. for them, it may be a chance to take a break from their recent big obsession, cash. mitt romney expects to come in somewhere south of 20 million. tim pawlenty, jon huntman and ron paul all way south of that. around 4 million apiece. meanwhile, president obama could raise as much as 60 million, though he spent the day with men and women whose value is beyond priceless. >> i cannot think of anybody i would rather celebrate with than all of you, the men and women of our military and our extraordinary military families. >> reporter:
ABC
Jul 7, 2011 7:00am EDT
. abc's jon karl joins us from washington. all talks secret up until now. what more do we know about what president obama and the speaker of the house have been discussing. >> reporter: a big deal here, george. as you mentioned, this would mean that the president would go along with reductions in spending to social security and medicare, most likely cost of living increases going down and in exchange republicans would accept some increase in tax revenues as part of an overhaul of the tax code. as one top administration told me, we need to do something unthinkable on entitlements. they need to do something unthinkable on tacks. >> unthinkable may be the word. these talks have been going on between the president and speaker boehner but there hasn't been a lot of discussion among a wider conferences in the house and the senate democrats and republicans and i guess the big question coming out of today's meeting, when other leaders find out about it, is it something they can work with and is it something that will fly? >> reporter: a great question. boehner and the president may be able t
ABC
Jul 25, 2011 7:00am EDT
? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. the only thing that everyone seems to be accepting that any deal won't include any new tax increase. >> that's the big deal. you have harry reid coming up with a plan for democrats. that he says includes $2.7 trillion in spending cuts over the next ten years and gives the president the debt ceiling increase that takes him all of the way to 2013. republicans are already saying that those -- his plan includes gimmicks and phantom cuts. so the republicans are coming up with their plan, which would include about $1 trillion in cuts now. it would require the president to come back to congress next year to ask for another debt ceiling increase. >> that's the huge sticking point for the white house. the president has made it clear time and time again that he won't sign a short-term increase. he squashed it at the meeting last night. >> republicans leaders have said that as well. they didn't want any short-term solution to this problem. they changed their tune on this. white house said
Search Results 0 to 6 of about 7